PPP Loan information for Reid electric llc

$8,400

Reid electric llc was initially approved for PPP Loan of amount $8,400, the current approved amount is $8,400. The loan was approved on 08/04/2020 by The Regions Bank reported 2 jobs and $8,400 was used to fund payroll.

Reid electric llc is New Business or 2 years or less

REID ELECTRIC LLC

Date Approved

08/04/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

REID ELECTRIC LLC

Borrower Address

5014 VALLEY COVE RD SE

Borrower City

OWENS CROSS ROADS

Borrower State

AL

Borrower Zip

35763

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

8400.00

Current Approval Amount

8400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

OWENS CROSS ROADS

Project County Name

MADISON

Project State

AL

Project Zip

35763-0001

CD

AL-05

Jobs Reported

2

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

8400.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

8478.94

Forgiveness Date

07/15/2021

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